Ozone Chain OZO
Rank #223About Ozone Chain
What is Ozone Chain
Ozone Chain is the world’s first Quantum Resistant Blockchain that has integrated bleeding edge quantum security technologies in its design. Ozone Chain believes in Quantum Secured Blockchain for solving the real-world concerns faced by Quantum Computers. Ozone Chain is a decentralized platform that enables developers to build scalable user-friendly dApps with low transactions fees without ever sacrificing on security.
The most secured Blockchain which is EVM compatible and runs on proof of authority and IBFT protocols.
Quantum Random Numbers from a laser source
Lattice-based Post Quantum Cryptography
Quantum tech tested and certified by TUV
EVM Compatible
Proof of Authority & QBFT
Block time – 5 seconds
Deploy Smart Contracts and Create Dapps
Governance by voting
Uniqueness of Ozone Chain
Ozone chain uses quantum random numbers (QRN) and post-quantum cryptography (PQC) to make the blockchain quantum secure and quantum resistant.
Quantum key distribution (QKD), in its current implementations has geographical limitations that constrain its usage within a few hundred kilometres. This is a huge drawback for a blockchain, where nodes need to be distributed globally and inter-node communications must span thousands of kilometres.
Thus, an architectural decision has been made to use PQC for inter-node communications, while being quantum-resistant at the same time.
Tests and Results
The quantum security technologies used in ozone chain have undergone various standardized tests and have passed all of them. The tests have been conducted by TÜV Rheinland which is an agency that provides testing and certification services to ensure the safety, quality, and performance of cybersecurity products and services, including quantum security solutions.
Entropy test
Diehard tests
NIST tests
Ozone's QRNG has also passed the NIST SP 800-22 tests, which is a test suite standards by National Institute of Standards and Technology. NIST SP 800-22 is a statistical test suite for random and pseudorandom number generators for cryptographic applications.
• Frequency (monobit) test
• Frequency test within a block
• Runs test
• Longest run of ones in a block
• Binary matrix rank test
• Discrete Fourier Transform (Spectral) test
• Non-overlapping template matching test
• Overlapping template matching test
• Maurer's "Universal Statistical" test
• Linear complexity test
• Serial test
• Approximate entropy test
• Cumulative sums (Cusums) test
• Random excursions test
• Random excursions variant test
How many OZO coins are there in Circulation?
The total and maximum supply is 1 billion OZO. 300 million OZO is in circulation already. The locked OZO supply is distributed over 36 months.
Ozone Chain - A Future Ready Quantum Blockchain
Building resilience against future threats is key to ensure that vital parts of the blockchain and cryptocurrency economy keep thriving. The issue is that investments for protection from medium to long-term risks are somewhat natural to overlook or dismiss, given more pressing present issues, and the costs may not seem immediately justified. It often takes some bad incidents to incentivise the necessary proactive steps.
While blockchain technology prides itself in providing a trustless system upon which the economy of digital currencies and assets operate, the underlying security mechanisms still rely on classical cryptographically processes, thus necessitating a certain level of trust in them. Ozone chain has assimilated quantum mechanical properties into its system, thus removing the trustful component of the security subsystem in blockchain, with ambitions of migrating towards of a truly trustless blockchain.
Ozone Chain FAQ
What is Ozone Chain?
What is Ozone Chain Ozone Chain is the world’s first Quantum Resistant Blockchain that has integrated bleeding edge quantum security technologies in its design. Ozone Chain believes in Quantum Secured Blockchain for solving the real-world concerns faced by Quantum Computers. Ozone Chain is a decentralized platform that enables developers to build scalable user-friendly dApps with…
What is the current price of Ozone Chain?
The live price of Ozone Chain (OZO) is $0.1308, with a 24-hour change of 0.01%. Prices on this page update automatically about once a minute using CoinGecko market data.
What is the market cap of Ozone Chain?
Ozone Chain currently has a market capitalization of $125.66M, ranking #223 by market cap. Market cap is the coin price multiplied by its circulating supply and is a common way to compare the relative size of crypto assets.
Is Ozone Chain a good investment?
CryptoWatchHub provides market data and educational content only — not financial advice. Ozone Chain, like all crypto assets, is highly volatile and you can lose your entire investment. Always do your own research and consider consulting a licensed financial advisor before investing.
More on Ozone Chain
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OZO in 59 currencies
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What a trade actually costs on ten major venues
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